FRANKFURT/PARIS (dpa-AFX) - Infineon shares recovered above average on Friday. They rose 2 percent to top the DAX. Unlike the DAX, they began their recovery late on Thursday.
Analyst Johannes Schaller from Deutsche Bank pointed out in a comment that the market for semiconductor chips for the automotive industry was gaining momentum. He raised his target price for Infineon to €42 – on Xetra, they are still trading at less than €35.
The expert also raised his target price for STMicro to €30. The shares recently gained a good 2 percent in Paris to almost €25.50./ag/jha/
